Pepper price today 5/3/2025, stable domestically, increasing internationally

Domestic pepper prices today - market fluctuates little, anchored at high levels

Today's pepper price was updated at 4:30 a.m. on May 3, 2025 as follows: The domestic pepper market remains stable, sideways and anchored at a high level. Currently, the average pepper purchase price in key areas is 155,200 VND/kg.

Specifically, pepper prices today in Gia Lai province are stable after a slight decrease yesterday, currently the local pepper purchasing price is at 154,000 VND/kg.

Pepper prices in Ba Ria - Vung Tau are also on a stable trend, currently pepper is purchased at 155,000 VND/kg.

Pepper prices in Binh Phuoc fluctuated little compared to the previous trading session. Currently, the pepper purchasing price in this locality is at 155,000 VND/kg.

Dak Nong and Dak Lak pepper prices are stable and at a high level. Currently, the pepper purchase price in these two localities is at 156,000 VND/kg.

Giá tiêu hôm nay 3/5/2025, trong nước ổn định, thế giới tăng

Domestic pepper prices updated on the morning of May 3, 2025

On the morning of May 3, the domestic and international pepper markets recorded positive developments, reflecting a strong recovery after the previous difficult period. Domestic pepper prices remained stable and anchored at a high level; world pepper prices tended to fluctuate upward.

Vietnam’s pepper output is forecast to fall by about 2% year-on-year, while India’s output could fall by 20-25% due to unfavorable weather. Meanwhile, demand for pepper in the food and spice processing industries remains stable, especially in major markets such as the US and Europe.

Despite the positive outlook, the pepper market still faces some risks: Adverse climate conditions could affect pepper productivity and quality. Countries such as Indonesia, Brazil and Malaysia are also increasing pepper production and exports, creating competitive pressure for Vietnam.

Farmers in Gia Lai province harvest pepper.

Experts predict that with limited supply and stable consumption demand, pepper prices in the short term may continue to remain high or increase further. However, farmers and businesses need to pay attention to risk factors to have appropriate business strategies.

According to the Vietnam Pepper and Spice Association (VPSA), although pepper prices have increased compared to last year, pepper replanting has not been strong in the provinces because there is no new land or farmers are growing crops with higher economic value than pepper, so it is expected that the production area will be difficult to increase in 2025.

Lush green pepper gardens are grown in Gia Lai

World pepper prices today - market on the rise.

Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on May 3, 2025 as follows: the pepper market continues to increase, in which pepper prices in Indonesia continue to increase, increasing from 82 - 111 USD/ton compared to yesterday's trading session; markets in other countries are stable, sideways.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,340 USD/ton; similarly, Muntok white pepper is currently purchased at 9,941 USD/ton.

The Malaysian pepper market remains stable, currently the price of Malaysian ASTA black pepper is purchased at 9,300 USD/ton and the price of ASTA white pepper is at 11,900 USD/ton.

Pepper prices in Brazil remained stable, with little change compared to the previous trading session. The current purchase price is 6,800 USD/ton.

The Vietnamese pepper market continues to move sideways and stabilize. Currently, the export price of Vietnamese black pepper is at 6,700 USD/ton for 500 g/l; 550 g/l is at 6,800 USD/ton and the price of white pepper is at 9,700 USD/ton.

Update world pepper prices on the morning of May 3, 2025

The 2025 pepper harvest in Vietnam is almost complete, with some areas extending to April, 1-2 months later than previous years due to prolonged drought, making pepper supply increasingly scarce.

Tuan My

Source: https://congthuong.vn/gia-tieu-hom-nay-352025-trong-nuoc-on-dinh-the-gioi-tang-385805.html